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“Competitive Intelligence” Shouldn’t Just Be About Your Competitors

Harvard Business Review

For the next year, Jessica Eliasi, then the director of Competitive Intelligence at Mars Chocolate, travelled the world running “competitive simulation” games with local market teams from Russia to Mexico to Turkey to England. To become more agile, s tart by rethinking your competitive intelligence process.

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Companies Collect Competitive Intelligence, but Don’t Use It

Harvard Business Review

The second requirement is to anticipate response to your competitive moves so that they are not derailed by unexpected reactions. On the other hand, management never questions the actual use of this information by employees in brand, product, R&D, marketing, business development, sales, purchasing or any other market-facing function.

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Use Your Sales Force’s Competitive Intelligence Wisely

Harvard Business Review

The sales force has abundant information about the initiatives and products that your competitors are planning and, therefore, the kinds of choices that your customers will be facing in the near future. They fail to respond to the intelligence gleaned from the customer, either because they don’t care enough to use it or they’re unable to.

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Knowledge Transfer Is Key To Sustaining Business Excellence

Six Disciplines

According to a recent study conducted by the Institute for Corporate Productivity (i4cp), only 29% of responding organizations report that they incorporate retirement forecasts into their knowledge transfer practices, and only a third add "skills gap analysis" into those forecasts. must be deployed.

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Keeping Tabs on the Competition as a Start-Up

Harvard Business Review

Big companies have it easy when it comes to gathering and utilizing competitive intelligence. They have a defined brand and a fairly clear picture of market penetration, differentiators, and existing products and services. To make this data useful, designate someone at the company to take control of competitive intelligence.

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The Right Way to Use Analytics Isn’t for Planning

Harvard Business Review

Baba Ramdev, the yoga guru owner of the fastest-growing local consumer goods company in India, launched a competing product, advertised as “healthier” than Nestlé’s and at a lower price point than Maggi. We must start to think differently about how business, management, and strategic intelligence works.

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Get More from Your Event Spending

Harvard Business Review

So consider what more productive event spending means for the bottom line. Goals can range from lead generation or gaining access to decision makers to actually selling products or services — measured against the expense and opportunity cost of that event. There’s not just one rationale for events.

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